Foreclosure Law Lawyers In Cornettsville Kentucky

Cornettsville is an unincorporated community in Perry County, Kentucky, United States, within the state's eastern region once known for coal mining. The town was named for one of the early pioneers to the area, William Jesse Cornett, whose log cabin and burial site can still be seen today.

What is foreclosure law?

Foreclosure is the cutting off or termination of a right to property to compel payment of a mortgage or other debt secured by a lien. As to real property, like a house or land, foreclosure is started because of non-payment of the debt and leads to the selling of the property to which the mortgage or lien is attached in order to satisfy that debt. Lawyers who assist with foreclosure issues help struggling homeowners consider their options -- both foreclosure and foreclosure alternatives -- and determine the best course of action. Foreclosure alternatives may include loan modification, short sale, forbearance, reinstatement, and repayment plans.